UNDERSTANDING INSURANCE

Insurance plays an important part in our lives, but it can be difficult to understand how premiums are costed, how insurance companies rate risk and how to reduce the chance of accidents happening in the home, on the road and in the workplace.

The following presentation has been developed by IAG to assist in increasing broader community understanding of insurance.

    The presentation outlines:
  • the basics of insurance;
  • capital management and pricing;
  • industry thematics; and
  • key drivers in an insurer's financials.

Insurance basics (292kb .pdf)